Well, if I ignore the fact that it's pretty useless for academic work, I don't really mind thinking in terms of what percentage of the book I've finished. It sounds a bit off, perhaps (I'm 40% through is something you'd sooner say of something you hate or dislike than something you like), but connotations can change easy as apple pie anyway. Still, paragraph numbers (and the screen space that needs to be reserved for them) are ugly, as well as fairly hard to put in, considering how they would probably have to be in a different column, which would need to be vertically aligned with an agreed-upon line of any given paragraph, which won't really work well in reflowable text, and will be hard to place using most current text processors.
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